Ge Long Hui·2025-08-29 09:01Core Insights - Agricultural Bank of China (01288.HK) reported a revenue of 369.8 billion RMB and a net profit of 139.9 billion RMB for the first half of 2025, reflecting year-on-year growth of 0.7% and 2.5% respectively, maintaining a "double positive growth" trend [1] - The bank's capital adequacy ratio stands at 17.45%, with an average return on total assets (ROA) of 0.62% and a weighted average return on equity (ROE) of 10.16% [1] - The cost-to-income ratio is reported at 27.81% [1] Financial Performance - For the first half of 2025, the bank achieved a net interest income of 282.47 billion RMB, a decrease of 8.375 billion RMB year-on-year, with growth in scale contributing an increase of 20.53 billion RMB, while interest rate changes led to a decrease of 28.90 billion RMB [1] - The net interest margin is reported at 1.32%, and the net interest spread is 1.20%, both showing year-on-year declines of 13 basis points and 10 basis points respectively, primarily due to support for the real economy and LPR reductions impacting the yield on interest-earning assets [1] Dividend Announcement - The board of directors proposed a mid-year cash dividend of 1.195 RMB per 10 shares (tax included) to ordinary shareholders, totaling 41.823 billion RMB (tax included) [1] Related Events - Agricultural Bank of China (01288.HK) reported a net profit attributable to shareholders of 139.51 billion RMB for the first half of the year, marking a year-on-year increase of 2.7% [2] - The bank redeemed the second tranche of its 2020 perpetual capital bonds [2]